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Glen Abbey Gem--New Listing |
Showing posts with label buyers. Show all posts
Showing posts with label buyers. Show all posts
New Listing in Glen Abbey
Top 5 Home Improvement Projects Based on Average Cost and Return on Investment

HomeGain surveyed nearly 600 real estate professionals nationwide and configured a list of the top 10 do-it-yourself home improvements that cost under $5,000 and benefit sellers most when they sell their homes.
According to the HomeGain survey, the top five home improvements that real estate professionals recommend to home sellers based on average cost and return on investment (from highest to lowest ROI) are:
1. Cleaning and de-cluttering – ($290 cost / $1,990 price increase / 586% ROI)
2. Lightening and brightening – ($375 cost / $1,550 price increase / 313% ROI)
3. Home staging – ($550 cost / $2,194 price increase / 299% ROI)
4. Landscaping – ($540 cost / $1,932 price increase / 258% ROI)
5. Repairing electrical or plumbing – ($535 cost / $1,505 price increase / 181% ROI)
2. Lightening and brightening – ($375 cost / $1,550 price increase / 313% ROI)
3. Home staging – ($550 cost / $2,194 price increase / 299% ROI)
4. Landscaping – ($540 cost / $1,932 price increase / 258% ROI)
5. Repairing electrical or plumbing – ($535 cost / $1,505 price increase / 181% ROI)
Homeownership Stays Below 67%
Homeownership Stays Below 67% The percentage of U,S. households that owned their homes remained at 66.9 percent in the third quarter, unchanged from the second quarter, the Census Bureau said Tuesday.
The homeownership rate held steady for decades at 64 percent, but climbed to 69 percent in 2004. Since the housing bubble burst in 2006, it has declined steadily.
Because of rising foreclosures and tightening lending standards, homeownership is likely to decline to 66.7 percent, the rate in 1999, predicted IHS Global Insight economist Patrick Newport.
Source: The Associated Press, Alan Zibel (11/02/2010)
The homeownership rate held steady for decades at 64 percent, but climbed to 69 percent in 2004. Since the housing bubble burst in 2006, it has declined steadily.
Because of rising foreclosures and tightening lending standards, homeownership is likely to decline to 66.7 percent, the rate in 1999, predicted IHS Global Insight economist Patrick Newport.
Source: The Associated Press, Alan Zibel (11/02/2010)
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